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IP Interview
Published August 27, 2020

Purplebricks: Disrupting UK Real Estate Agencies

Executive Bio

Lee Wainwright

Former UK Chief Executive Officer at Purplebricks

Why is this interview interesting?

  • Comparison of the real estate transaction in the 1990s versus today
  • How the portals have degraded the consumer experience for real estate agencies
  • Drivers of traditional agency fee degradation
  • The buyer and seller user experience and journey on Purplebricks
  • The economics of a unit instruction on Purplebricks
  • Potential for Purplebricks to increase the instruction fee and ancillary revenue
  • Opportunities in monetizing the buyer on Purplebricks

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

This is a snippet of the transcript.to get full access.

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